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Establishing a charitable foundation offers several benefits for credit unions. A foundation can create a larger pool of resources for charitable activities. A foundation also can enhance the reputation of the cooperative in its community and among those it serves. Credit unions interested in standing up their own foundations need look no further than this guide from Callahan & Associates. It's got credit union insights on what it takes to launch, lead, and fund a credit union foundation.
Affinity Plus Federal Credit Union redirects incentive payouts on ancillary loan services to contribute to foundation funding.
Five executives from credit union and league foundations discuss start-up capital, ongoing financial stability, and more.
TopLine Federal Credit Union shares lessons learned and best practices for building a 501(c)(3) affiliate.
The key to any foundation’s success is its ability to expand its coffers.
How Mazuma Credit Union created a foundation to supplement community service volunteerism.
Make the answers to these four questions the cornerstones of a nonprofit foundation.